US and EU make a joint pledge of 30% methane emission cut by 2030
The EU/US led a multi-nation pledge to cut global methane emissions by 30% by 2030. The pledge will be taken to, and formalized at, the COP26 conference in Glasgow in November. Methane is 86 times more powerful than CO2 as a greenhouse gas over 20 years Methane is 34 times more powerful than CO2 as […]
IEA’s Sustainable Recovery Tracker shows signs of improvement but much more needs to be done
The flagship report indicates that globally, governmental spending has to increase dramatically to meet the ‘Net-Zero’ goals for 2050 ‘Clean energy measures’ spending represents around 2% of the total economic response to Covid-19 Spending on clean energy generation and networks has increased by around 30% compared to the recent past Current projects and policies would […]
Transport Emissions and EU’s strategy for low-emissions mobility
The transportation sector accounts for 30% of the total emissions of Green House Gases (GHGs). The decline in the emissions from this sector is not as significant as that from other sectors. EU’s low-emission mobility strategy, which was adopted in 2016 aims to achieve this sole purpose and keep up with the increased demand for mobility of […]
IPCC calls a code red on climate change
IPCC 6th report makes clear that climate change is man made Recent extreme weather events would have been almost impossible without man made climate change The key (end of century) 1.5 degree level is likely to be breached within 20 years Click to read more: IPCC AR6 Full Report
Carbon Capture, Storage and Utilization
Carbon capture, utilization, and storage (CCUS) technologies are set to play an important role in supporting clean energy transitions in Southeast Asia. Regional cooperation, storage and transport is essential to achieve this task. Click to read more: https://www.iea.org/reports/carbon-capture-utilisation-and-storage-the-opportunity-in-southeast-asia
The importance of jobs in clean energy sector
The transition to clean energy affects all strata of the society, uneven in many cases with impacts on different countries, communities, etc. The rising unemployment and loss of jobs due to the transition is giving policy makers a major headache. Click to read more: https://www.iea.org/commentaries/the-importance-of-focusing-on-jobs-and-fairness-in-clean-energy-transitions
The world’s electricity systems must be ready to counter the growing climate threat
Electricity systems around the globe are are finding it difficult to keep up with the rising demand for power amid severe heat waves and extreme drought like situations. There in an increasing need to invest in better infrastructure to keep up with increased demand from households, factories, offices etc. Click to read more: https://www.iea.org/commentaries/the-world-s-electricity-systems-must-be-ready-to-counter-the-growing-climate-threat
Michael Bloomberg’s Statement on G20
The G20 placed its support behind the TCFD’s framework for climate related risk disclosures. It is significant as these countries account for 80% of the world GDP. Click to read more: https://www.mikebloomberg.com/news/statement-of-michael-r-bloomberg-on-the-g20s-support-of-tcfd-framework/
Unlocking the Economic Potential of Rooftop Solar PV in India
Rooftop photovoltaic (RTS) sector plays an important role in meeting India’s renewable energy targets for 2022 and beyond. But the residential, commercial and industrial applications have been slow. The target set by the Government of India, in 2015, for rooftop solar PV (RTS) is 40 GW. The installed capacity as on 31st December 2020 was […]
Nordic Leaders Declare Support for TCFD Recommendations
The Nordic CEOs for a Sustainable Future released a guide to assist Nordic companies initiate the process of implementing TCFD recommendations. The goal of the joint support for the TCFD, by the Nordic CEOs for Sustainable Future, the Norwegian Finance Ministry and the Oslo Stock Exchange, is to be committed to a resilient financial system […]
